New executive leaders at FOA to focus on ‘modernizing’ tech, customer experience
FOA has added new chief customer and technology officer roles to its rankings as it seeks to modernize its technology.
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Longbridge parent again touts reverse mortgage performance in Q4 earnings
Ellington Financial continued to tout the performance of Longbridge and teased a potential new product in development.
NRMLA announces first event of 2025
The reverse mortgage trade association announced that its Western Regional Meeting will be held April 29 in Irvine, California.
Texas Capital Bank enlists reverse mortgage expert’s opinion in Ginnie Mae lawsuit
The bank enlisted a former FOA executive to offer an expert report, but the judge says he needs to know the government’s perspective on it before moving ahead.
CFPB nominee McKernan commits to protecting older Americans from financial abuse
Jonathan McKernan, the CFPB director-designate, said in his confirmation hearing that he will ensure older Americans are protected from financial exploitation.
FOA’s James Mittleman on reverse industry’s forward partnerships, proprietary as ‘the future’
Forward partnerships and proprietary products could have a big impact on the future of the reverse mortgage industry, James Mittleman explains.
Texas Capital Bank opposes summary judgment motion in Ginnie Mae suit
TCB says that granting the government a summary judgment in its lawsuit against Ginnie Mae would be based on on an “incorrect” idea.
Retirees may be turning to home equity to finance healthcare shocks: report
Despite not planning to, retirees appear to tap home equity often to address a healthcare-related financial shock according to a new research brief.
Longbridge CEO Chris Mayer on reverse mortgage partnerships with forward companies
Longbridge CEO Chris Mayer speaks with HousingWire’s RMD about forward mortgage partnerships and the potential of HECM for Purchase.
Massachusetts AG sues Hometap over ‘illegal reverse mortgage’
Massachusetts’ attorney general alleges that Hometap’s equity investment product is deceptive and constitutes an “illegal” reverse mortgage. Hometap calls the suit “meritless.”